Director of Finance

Upscale Hotel and Condominium DevelopmentMiami, Florida | Full-time | Confidential searchThe opportunity

For a complete understanding of this opportunity, and what will be required to be a successful applicant, read on.
Turk Hospitality Ventures is conducting a confidential search for a Director of Finance to lead the financial setup, pre-opening planning, and ongoing financial management of an upscale hotel within a hotel and condominium development in Miami.
This is an opportunity to build the finance operation from the ground up. The successful candidate will establish reliable systems and controls, develop the finance team, and give property leadership and ownership the information they need to make sound decisions. The role calls for a practical hotel finance leader who understands the complexity of shared facilities, separate entities, and multiple stakeholders.
Opening budget and financial setupDevelop the hotel pre-opening budget, opening cash requirements, and first-year operating plan in partnership with property leadership and ownership. Track commitments and communicate changes as the opening approaches.Establish accounting systems, the chart of accounts, purchasing controls, approval procedures, and reporting calendars. Coordinate financial interfaces across hotel operating systems and test processes before opening.Recruit and develop the finance team. Train department leaders on budget ownership, purchasing, cash handling, inventory controls, and financial accountability.
Hotel operations and performanceLead monthly close, financial reporting, budgeting, forecasting, cash-flow planning, and balance-sheet reconciliations. Oversee accounts payable and receivable, revenue audit, payroll controls, and inventory accounting.Work with operating leaders to improve departmental profitability, labor productivity, food and beverage margins, purchasing discipline, and working capital while supporting the guest experience.Deliver clear reporting to ownership and asset-management stakeholders. Explain performance against budget, identify emerging risks, and recommend practical actions. Coordinate audits and reporting requirements with external advisers.
Shared expenses and ownership relationshipsMaintain clear financial separation between the hotel and other entities within the assigned scope. Establish documented shared-cost allocations, billing, reimbursements, and reconciliations in accordance with governing agreements.Coordinate with residential management and association finance representatives on shared facilities, services, and expenses. Resolve discrepancies with clear documentation and maintain transparent financial communication.Track approved operating and capital expenditures with ownership and the development team. Establish asset records and controls for opening purchases, equipment, and ongoing capital commitments.
Director of FinanceCandidate profileProgressive finance leadership in upscale or luxury full-service hotels, with experience as a Director of Finance, Hotel Controller, or comparable senior finance leader.Direct responsibility for the financial setup of a hotel opening, or a comparable transition requiring new systems, controls, and an operating team.Strong hotel accounting knowledge, including departmental reporting, budgeting, forecasting, cash management, and the Uniform System of Accounts for the Lodging Industry.Experience with multiple revenue departments, including rooms and food and beverage, and with separate entities or shared-service cost allocations.Demonstrated ability to build a finance team, strengthen controls, and explain financial results clearly to operational leaders and ownership.Ability to work full-time on property in Miami and manage the changing priorities of a pre-opening environment.
Preferred experienceExperience with condominium hotels, branded residences, or mixed-use hospitality developments is strongly preferred. Familiarity with residential and association financial relationships, internationally branded hotels, and South Florida operations will be valuable. Relevant accounting or finance education and professional credentials are preferred.
Leadership approachWe are looking for a leader who is accurate, discreet, and comfortable challenging assumptions constructively. The right person will stay close to daily operations, communicate concerns early, and help department heads understand the financial impact of their decisions.
Measures of successEarly success will include an opening budget and cash plan that ownership can rely on, tested financial systems, a trained team, timely reporting, and clear procedures for shared expenses. After opening, the focus will be reliable forecasting, disciplined controls, and actionable insight into performance.
Confidential application processPlease apply through the LinkedIn job posting with your resume and a brief introduction describing your hotel opening experience, the financial systems or controls you established, and your experience with shared expenses or residential operations. Please also note your availability and ability to work in Miami.
The property, brand, and ownership group will be disclosed to qualified candidates during the interview process. xzbcwsv All inquiries will be handled confidentially by Turk Hospitality Ventures.